What factors scare others from investing into bitcoin?

[Marcsymon]

the first is the absence of legal protection
and the second price is not controlled
both of these factors in my opinion are the most basic things that cause cryptocurrency not to be so safe in the eyes of some people

Agree with your great perspective mate. In addition with so many FUD's and Fakes news scattered around the world about bitcoin I think this is also the great reason why people scared to invest on it. Because they are afraid of their money and efforts to be put in a risky investment without any legal reason to recovered when it is being steal or scam.

[EdwardClinton]

The main factor is the market of bitcoin is totally unstable and because of this volatility investors don't get the trust of invest in bitcoin.

[allthebitandbobs]

The main factor is the market of bitcoin is totally unstable and because of this volatility investors don't get the trust of invest in bitcoin.

here here only people who like to gamble invest in bitcoin crypto .TO unstable for traditional  investors

[MyNameIs Trung]

The fact that there are a lot to learn about digital currency is one plus all the negative comments people hear and there are scammers everywhere, that drives people away. And that its easy to lose money because they do not understand cryptocurrency. That is what scares people from investing on bitcoin.

[kalashnikovski]

My experience say that people have different  stereotypes. The people thinking that Bitcoin it's the financial pyramid. Some people thinking that Bitcoin haven't  value

[Hold good]

As far as I see and feel, people are afraid to invest in this market because they do not know much about bitcoin and they do not understand the true nature of bitcoin and what ICO projects do.

[Allaboutcryptos12]

The main thing most of the people scare is because of its volatile nature, bitcoin inventor is unknown, Government bans this are the main things they scare about.

[dutchkay]

Bitcoin being the talk and the top cryptocurrency dominating the market. Many factors scare people away from investing in bitcoin and some still sees bitcoin as ponzi and a scam form of investment. Some gave the reason that government will ban it, and are waiting for government approval before they can invest in it. While some are scared of its volatile nature, saying it should be stable before they can delve into it. Especially institutional investors.

[aleksej.rozhkov]

very many opinions and a lot of interesting opinions! I think the only thing that stops people from investing in the crypto market is the world legality of the crypto currency! when there will be legalization, the whole world will use crypto coins!

[speedy1987]

Bitcoin has come a long way and come really come to stay. As a matter of fact, anytime some people who know nothing about bitcoin are introduce to bitcoin about how bitcoin works, they channel all their attention to whoever is passing the information to them by listening attentively. However, after developing the interest in bitcoin, they quickly revert their interest in bitcoin the moment they hear of the volatile nature of bitcoin, thereby, deciding not to invest into it anymore. Guys, what are some other factors that scare people from investing into bitcoin?

The main reason to afraid about Bitcoin is, the price is not stable. The price will keep on fluctuate. Then many countries are banned Bitcoin and many negative news spreading.

[tot-o]

One factor also that concerns others about crytpo that causes them not to invest is that some people tend to scatter fake news about it... And most people believed it...

[warriorcryptobar]

For me, the factor of what scares people from investing in bitcoin is the current price being higher than most are comfortable with. The main question I am asked is, "will it fail?". Followed by, how low can it go. Basically they think it is not a good price to invest when they are scared. At 3k BTC price, these same people do not get scared owning bitcoin. So its more of a price fear, than thinking it isnt the future.

[aladlanie04]

because of bad news and bubble burst news and some people create fud and some people spread rumors and bad news about crypto and bitcoin like example j.p morgan   people said really rumors about bitcoin  people panic and sell their bitcoin for cheap those who believe and want to invest in bitcoin or crypto  they feel so scared by the fud and news especially rumors in crypto  like  example so many hacking the exchanges, phishing attacks , scam the innocent people and newbies trusting and investing in bitcoin  like example ico run away with money or some lending exchange platforms . we need to be careful where to invest and buy the bitcoin. follow the market closely and take the decission not in hurry.

[Selapesek]

in my opinion maybe the cause is. bitcoin is not stable about price, and bitcoin is still there until now there is a government that prohibits bitcoin. so in my opinion maybe many investors still doubt because of that right.

[Tulanpa]

There are lot of factors that scare people from investing into bitcoin. Some people are of the opinion that government can come into bitcoin at any and make a law that will affect them of their investment or government can promulgate a law that will affect since bitcoin is usually circle around fraud or scam

[Sponsoredby15]

Aside from a volatile market of bitcoin, investors are afraid to invest in Bitcoin because the government and banking industry are against Bitcoin. They fear that someday the value may collapse to a dollar.

[nx24tan180n]

I think one of those who scares people to invest is the volatile characteristics of the market that it is very unpredictable.

[HasiViraj]

Crypto venture is absolutely a hazardous thing, yet in the event that you can take it and figure out how to control your feelings, unquestionably you will succeed. The reasons why a few people are getting flopped in here in light of uncontrolled feelings which could lead them of not thinking astute. I may state that instability develops as market consistently spreading, having an eccentric market slant offers stresses to the general population and couldn't control their self which influences them to choose to offer their coins once there is a sudden fall. It's a misfortune for them really.

[DwaneJacky]

I think the main factors are first of all the unpredictable market and another one is constantly falling the value of bitcoin and also many other reasons are there.

[Antonina]

Prospective investors lose interest in investing bitkoynov, because the mainstream media spread the news that bitkoyn is an unstable system, people believe it and do not invest money